Sentences with phrase «operating ratio»

A high return on equity usually means that the company has an above - average financial operating ratio and can often fund projects internally.
She said as a result, «the board determined that there was a reasonable degree of certainty that the the statement that it had made at its 2017 AGM regarding a target combined operating ratio of 93.5 per cent to 95 per cent would need to be revised.»
FBD Holdings (FBD: ID): FBD's an Irish general insurer, with a rather amazing long term average (10 years) Combined Operating Ratio of 86 %.
The company also attained a record operating ratio of 58.2 %.
But CP recently reported its lowest - ever operating ratio of 65.9 %, only a few notches behind rival Canadian National Railway.
(CP diverted attention from that by emphasizing a modified operating ratio that ignored «significant» items such as «management transition costs.»
As a result, CP's already lacklustre operating ratio actually increased, to 83.3 %.
QBE also further downgraded its combined operating ratio guidance to 104 per cent, above its target range of 100 to 102 per cent.
But according to a new report from Loop Capital analyst Rick Paterson, focusing on operating ratio will only take a railroad stock so far.
For railroad companies like CSX Corporation (NASDAQ: CSX), improvements in operating ratio are always good news for shareholders.
This despite the fact that the LIRR has the lowest farebox operating ratio of the region's major rail operators.
The Canadian stock's operating ratio worsened to 61.3 % from 61.2 % a year earlier, but it's still one of the most efficient railways in North America.
CN recorded a record first quarter operating ratio of 58.9 % and continued to realize core pricing gains.
The investment income ratio (investment income divided by net premiums earned) takes investment income into account, and is used in the calculation of the overall operating ratio.
The ASAE Operating Ratio Report is a good source of financial statistics for nonprofit organizations.
The $ 14.6 billion insurer which has operations across Asia, the Americas and Europe reported its group combined operating ratio (COR) for 2017 had increased to 104.1 per cent from 93.7 per cent, slightly above guidance and primarily due to extreme catastrophe experience.
QBE's North American operation and Asia - Pacific unit's recorded operating ratios that deemed then unprofitable, with Mr Regan calling out Asia's as «unacceptable».
One crucial industry metric is operating ratio, which measures operating costs as a percentage of revenue.
A public letter issued by Cleghorn on the board's behalf says it's in the company's best interest to keep Green, whose current approach the board expects to lower CP's operating ratio to the low 70s by 2015.
Specifically, he wants Harrison to drive down CP's operating ratio — a key efficiency metric — because it's currently the worst among North America's major railroads.
Norfolk Southern's operating ratio was 69.2 % in 2014, while Canadian Pacific's was 64.7 % and trending sharply downward.
Those measuring a railroad's efficiency often consult the operating ratio, which measures operating costs as a percentage of revenue (lower is better).
Railroad efficiency is measured by the industry standard «operating ratio,» with a lower number reflecting a leaner operation.
Operating ratio, a key metric watched closely by analysts, rose to 67.8 percent from 61.8 percent.
Success will be measured by CP's operating ratio, an expression of a railway's operating costs relative to its revenues.
Since then, he's improved the railway's operating ratio (an important measurement of efficiency)-- and shareholders have been rewarded in the process: CP's stock closed on Tuesday 153 per cent above where it was trading when Harrison was appointed.
It said it anticipated its combined operating ratio would climb to between 94.5 per cent and 96 per cent for the first half and the full year.
QBE revealed that increases in insurance claims in emerging markets would add 1 per cent to its combined operating ratio, with the insurer anticipating it will climb to between 94.5 per cent and 96 per cent for the first half and the full year (the lower a COR is, the better).
Hunter Harrison claims to have invented a principle called «precision railroading», which he implemented at three major railroads: Illinois Central, CN, and the CP, the latter with spectacular results, bringing the operating ratio (operating costs as a percentage of revenue, the lower the ratio the better) to 58.6 % for fiscal year 2016, down from 81.3 % in 2011, the last full year before Harrison's took over.
In an update ahead of its interim results in August, the general insurer said that «significantly higher than expected claims activity» during the first five months of the year is expected to cause that division to report a first half combined operating ratio, a key measure of profitability, of around 110 per cent.
They've been able to successfully lower costs and improve their operating ratio over the past decade to become one of the most efficient railroads in North America, and their stock price reflects this.
(Operating ratio is calculated by dividing regular operating costs by revenue.
As I mentioned in last month's update in January I bought shares of CSX on the hopes that their new CEO can turn things around and lower their operating ratio, which measures the efficient of the company (lower is better).
These factors help it maintain an operating ratio below the industry's average.
Since the act was passed, CN has seen its operating ratio fall from about 80 % to less than 60 % today, representing a remarkable improvement in productivity.
Andrew Langford, Baker's Dozen, Berkshire Hathaway, catalyst, Combined Operating Ratio, Fairfax Financial, FBD, FBD Holdings, Greenlight Capital, insurance, Ireland, ISEQ, New Ireland Fund, portfolio allocation, portfolio performance, property & casualty, Quinn Insurance, Return on Equity, TGISVP, underwriting
This has proved to be the case, and results actually turned out even better than expected due to a substantial improvement in their Combined Operating Ratio.
Further premium hikes seem inevitable, as the industry suffered a combined operating ratio (COR) of 109 % in 2012 & a likely worse outcome in 2013.
[We may need some context: If I recall, the global industry generally averages» round a Combined Operating Ratio (COR) of 100 - 102 %.
If you want to do a more detailed comparison of charities, our table includes a breakdown of the operating ratio and fundraising costs.
Part 2 digs into some of the key financial & operating ratios, and takes a stab at how you'd calculate intrinsic value.
Financial ratios can be classified into four categories namely, profitability ratios, liquidity ratios, leverage ratios and efficiency or operating ratios.
FBD's a property & casualty insurer, it's Irish - owned (the others have been mostly bought out, or gone bust), it's got an excellent current / historical Combined Operating Ratio (COR), and it's steadily growing market share.
He also wants to see the company bring its operating ratio, which is seen as a measurement of management efficiency, down.
Riding on better claim and operating ratios, the net profit of public sector New India Assurance more than doubled in the April - June quarter at Rs 499.41 crore as against Rs 218 crore in the year - ago period.
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